something smells off.......with soo much potential & recent news....why ?
we were 20c this time in October and all awaiting a deal to hold firm & have now lost 8.8c or now 88c in value in 3 month even after continued pos news on the first drug for efficacy & much talk of partnership deal talks (by Management) at Inv. Dial ins and the consolidation required to do so to attract US deals....
those in the know mapping funds here available now dwindling suggests to me that we are now a big chance of more SP drop if a CR is announced anytime soon, that if there is no deal imminent... we know it will be a discount on the average price recently so this does not bear well for us on SP timing & will be an awful set back again under a buck if it all plays out.....
I'm bewildered as to what is taking place & why when we see the US rally on wall street on certain days & we continue backwards and we lose another 6.7% on a up day today ...
I hope I'm wrong about the timing here as I'm a big advocate of PYC & a SH of this stock but feeling quite silly for not setting stock loses now.... Hoping we see something soon on deals, or gov grants, to stem this flow south & renew some confidence in our stock...
GLTAH.
PYC Price at posting:
$1.12 Sentiment: None Disclosure: Held
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